Binance Helps Uncover ₹1.75 Crore Cross-Border Crypto Scam in India

Binance, in collaboration with the Ahmedabad Cyber Crime Branch, has successfully dismantled a sophisticated cross-border cryptocurrency scam that targeted victims across South and Southeast Asia. The scam, valued at over $200,000 (₹1.75 crore), involved fraudulent schemes where scammers impersonated legal authorities to extort funds through 'digital arrests.' One notable victim was a 90-year-old man from Gujarat who was coerced into paying under false pretenses. This joint effort highlights Binance's commitment to combating crypto-related fraud and enhancing security in the digital asset space. The operation underscores the importance of vigilance and collaboration between exchanges and law enforcement to protect users from evolving threats in the cryptocurrency ecosystem.

Binance Assists in Dismantling ₹1.75 Crore Cross-Border Crypto Scam in India

Binance, in collaboration with the Ahmedabad Cyber Crime Branch, has uncovered a sophisticated cross-border cryptocurrency scam targeting victims across South and Southeast Asia. The operation, valued at over $200,000 (₹1.75 crore), involved fraudulent schemes under the guise of 'digital arrests,' where scammers impersonated legal authorities to extort funds.

One victim, a 90-year-old man from Gujarat, was coerced into transferring ₹1.25 crore after being falsely accused of legal violations. Another case involved a jobseeker lured to Nepal under the pretense of employment, only to be held captive and forced to launder ₹49 lakh through crypto wallets.

Binance's Financial Intelligence Unit played a pivotal role in tracing the illicit transactions. By leveraging blockchain analytics, investigators identified wallet activity and suspicious flows, leading to multiple arrests. 'The blockchain doesn’t lie—it leaves a trail,' noted a senior officer from Ahmedabad Cyber Crime.

BNB Price to Hit $900: Historical Patterns Resurface

BNB's price structure shows bullish momentum, fueled by strong fundamentals and the recent Maxwell update. Scheduled maintenance on July 4th underscores Binance Smart Chain's commitment to performance enhancements, driving increased user adoption.

PancakeSwap-AMM, the leading DEX on BSC, has become a revenue powerhouse, accounting for over 64% of the network's total protocol revenue. Its 50-day moving average for protocol revenue recently hit an all-time high, with trading volumes and fees also reaching new peaks in 2025.

Technical analysis of BNB's daily chart reveals a potential breakout, mirroring historical patterns that suggest a rally toward $900. Market experts attribute this Optimism to BSC's growing dominance in DeFi and PancakeSwap's pivotal role in ecosystem growth.

BNB Holds Steady Amid U.S. Tariff Uncertainty and Regulatory Scrutiny

BNB (BNB) traded within a tight range of $656.83 to $662.61 over the past 24 hours, reflecting muted volatility of just 0.87%. The token's stability comes as traders weigh global macroeconomic developments, including fresh U.S. tariff threats against Asian trading partners, alongside ongoing regulatory concerns surrounding Binance.

Market sentiment remains cautious across risk assets following President Trump's letters to 14 nations warning of higher import duties effective August 1. While the tariff news prompted limited immediate reaction compared to earlier this year, it has contributed to subdued trading activity in cryptocurrencies and traditional markets alike.

Technical analysis shows consistent buying interest for BNB between $657 and $659, though overall volumes remain constrained. The token's performance mirrors broader market hesitation as investors await clarity on trade relations and monitor Binance's regulatory landscape.

PancakeSwap Dominates Binance Smart Chain with Record Revenue and Expansion

PancakeSwap has solidified its position as the leading revenue generator on Binance Smart Chain, capturing over 64% of all protocol revenue. The platform's 50-day moving average for revenue hit a new high, reflecting sustained growth in user activity and network engagement.

Daily revenue continues its upward trajectory, outpacing competitors in both fee generation and trading volume. June 2025 saw PancakeSwap achieve a historic $152 billion in monthly trading volume, with Q2 closing at $281 billion—surpassing Q1's $211 billion.

The April launch of PancakeSwap Infinity catalyzed this growth, introducing gas fee reductions, enhanced liquidity pools, and developer-friendly features. On July 1, the protocol expanded to solana with v3 liquidity pools, supporting tokens like BONK and PYUSD while offering liquidity providers up to 84% of trading fees.

Best Cryptos to Buy Now: BlockDAG, ETH, BNB, and SOL Gear Up for Major Moves

The cryptocurrency market is witnessing heightened activity as investors position themselves ahead of anticipated price movements. BlockDAG, Ethereum, Binance Coin, and Solana are emerging as standout opportunities, each offering distinct value propositions in a rapidly evolving landscape.

BlockDAG's hybrid blockchain framework leverages Directed Acyclic Graph technology to deliver scalability and security, while its $2 million USDT raffle campaign generates speculative interest. ethereum maintains its dominance as the leading smart contract platform, with upcoming network upgrades expected to enhance its competitive edge.

Binance Coin continues to benefit from the ecosystem growth of the world's largest cryptocurrency exchange, while Solana's high-throughput blockchain attracts developers seeking alternatives to Ethereum's congestion issues. These assets collectively represent what many analysts consider prime accumulation targets before the next market upswing.